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Strand, Torquay, Devon, TQ1

£1,500,000

Business rates & charges may apply

Chown Commercial Limited, Northampton
SIZE

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SECTOR

High street retail property for sale

USE CLASSUse class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

A3, A4

Key features

  • INVESTMENT
  • Highly attractive Waterfront location
  • Situated within an area of significant regeneration
  • 67% of the income secured against Stonegate Pub Co Limited
  • Stonegate is the largest pub company in the UK
  • 21.5 years unexpired Lease Term
  • Remainder of income secured against an established, popular restaurant
  • £1,500,000 Subject to Contract
  • 8% Net Initial Yield
  • Low capital value of £106 per sq ft

Description

The town benefits from good road communications, being served by the A380 which in turn links with the M5 Motorway approximately 29 km (18 miles) to the north. The town is also connected to the national railway network with a fastest journey time to London Paddington of 2 hours 45 minutes. Exeter Airport is some 42 km (21 miles) to the north-east and serves a number of UK and European destinations.

Torquay forms part of the 'English Riviera' and is a popular tourist resort, attracting a large number of visitors each year. Situated on the South Devon Coast, the town is famous for its sandy beaches and family attractions. The population of Torquay is boosted significantly during the summer months


FULL DETAILS:


Singer Vielle

Brochures

Strand, Torquay, Devon, TQ1

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torquay Station0.8 miles
  • Torre Station1.3 miles
  • Paignton Station2.6 miles

About Chown Commercial Limited, Northampton

1 Saxon Court, St Peters Gardens, Northampton NN1 1SX

At Chown Commercial we have a hands-on approach to working with our clients. Whether it is property acquisition, occupation, asset management, planning, development, disposal and management, a member of our senior team will be involved at all stages. We have in-depth knowledge of local and national property markets with expertise in all aspects of the commercial market.

We are able to draw on a range of specialists to support our clients in all aspects of their projects from inception to completion and beyond; ensuring the critical decisions are made to give the best possible outcome for our clients.

Notes

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Disclaimer - Property reference 16-16TheStrandTorquay. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chown Commercial Limited, Northampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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